de Blasio Administration educates tenants on Housing Stability and Tenant Protection Act. On October 21, 2019, Mayor Bill de Blasio announced the launch of a campaign to educate tenants on their new rights under the Housing Stability and Tenant Protection Act of 2019. The Mayor’s Office designed the advertisements to protect tenants and give New York City renters the information they need to hold their landlords accountable.
rent regulation
Governor Cuomo Signs Sweeping Rent Control and Rent Stabilization Reforms into Law
The law places limits on various mechanisms through which landlords of rent-regulated units can raise rent and provides many other protections for tenants. On June 14, 2019, Governor Andrew M. Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019, which Cuomo called “the most sweeping, aggressive protections in state history.” The legislation extends and strengthens rent protections for tenants across the state and went into effect before the expiration of the … <Read More>
Landlord Wins Decontrol Dispute in First Department
Post-vacancy rent increase raised rent beyond $2,000 threshold and resulted in decontrolling a rent-stabilized apartment. In November 2003, Craig Smith and Elise Stone rented an apartment at 233 East 5th Street in Manhattan. Prior to their occupancy, the previous tenant resided in the unit as a rent-stabilized tenant. The previous tenant’s rent at the end of his occupancy was $1,836.20 per month. On renting the apartment Smith and Stone accepted a 20-percent vacancy increase. … <Read More>
Trump Village Loses Utility Claim
Residents of Trump Village challenged size of rent reduction when Trump Village switched to individual electric metering. Trump Village, located at 2940 Ocean Parkway in Brooklyn, has 433 rent-regulated apartments. In January 2006, Trump Village applied to the State Division of Housing and Community Renewal to convert Trump Village to individual electric metering and to separate the cost of electricity from rent payments of tenants. In June 2006, the Division approved Trump Village’s application, including … <Read More>
Rent Stabilization: Preserving Low and Middle-Income Housing
Rent regulation is not a new issue for New York City. But the headlines in June 2015 were far larger and the reactions more contentious than at any time in recent memory. For the first time in its 46-year history, the Rent Guidelines Board decided that there would be no increase in rents for one-year renewals on rent-stabilized apartments; it also limited increases on two year renewals to two-percent. Not surprisingly, tenants hailed the decision … <Read More>
Rent Guidelines Board Holds Rents at Current Levels
Freeze vote first of its kind in Board history, applies to one-year leases in rent-regulated units. On June 29, 2015 the Rent Guidelines Board voted 7-2 to not increase rents on one-year leases, affecting 1.2 million tenants of New York City’s rent-regulated apartments. The vote marked the first occasion where the Board decided to freeze rents. The Board’s vote also increased rents on two-year leases by 2 percent, a historically-low rate. The new rents will … <Read More>